More apartments planned at Grandview Yard

Jim Weiker, The Columbus Dispatch

Wednesday

Jun 24, 2015 at 12:01 AMJun 24, 2015 at 6:11 PM

Grandview Yard, the 125-acre development transforming the eastern edge of Grandview Heights, is growing again. The project's developer, Nationwide Realty Investors, announced on Wednesday that it is launching the third phase of apartments in the project.

Grandview Yard, the 125-acre development transforming the eastern edge of Grandview Heights, is growing again.

The project’s developer, Nationwide Realty Investors, announced on Wednesday that it is launching the third phase of apartments in the project.

The phase will add 166 apartments to the development, which now includes 274 apartments.

Called the Brooks building, the new development will be a single L-shaped, four-story building on the east side of Yard Street across from the Baldwin apartment building.

Construction is expected to begin soon, with the first units ready for occupancy in a year, according to Nationwide.

“We’re really trying hard to keep up with market demand,” Ellis said. “That’s been a challenge. Demand has been great.”

The new building will include both one- and two-bedroom apartments, along with 128 underground parking spaces.

Ellis said rents and amenities will be similar to the existing Grandview Yard apartments, which range from a 617-square-foot studio for $1,005 a month to a 1,621-square-foot, two-bedroom unit for $2,180.

Grandview Yard has attracted empty-nesters and Ohio State University employees as well as the typical mix of young professionals, Ellis said.

The apartments are also likely to attract Nationwide employees next year when the first phase of Nationwide’s 500,000-square-foot corporate campus opens. The campus is expected to employ more than 3,000 workers.

“It’s going to be pretty convenient if you can live and work in the same neighborhood,” Ellis said.

Also under construction at Grandview Yard is a Courtyard Marriott hotel, a conference center and 45 single-family homes and townhomes.

The 6-year-old development already includes a Giant Eagle Market District grocery store; several restaurants, including Hofbrauhaus, Buckeye Hall of Fame Grill, Jason’s Deli and Panera Bread; a 10,000-square-foot medical retail building anchored by Ohio Urgent Health Care; a Hyatt Place hotel; and Wright-Patterson Credit Union.

The new apartment building won’t be the last, Ellis said.

“Our master plan allows for a great deal of flexibility in terms of the types of housing we can provide,” he said. “Time will ultimately dictate what will be built and when they will be built.”

jweiker@dispatch.com

@JimWeiker

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